Case Law Details
Case Name : Ankita Aggarwal Vs ITO (ITAT Delhi)
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Ankita Aggarwal Vs ITO (ITAT Delhi)
ITAT Delhi held that addition towards undisclosed investment in shares and unsecured loans merely based on observation made by DCIT without independent inquiry by AO is unjustified and hence the addition is liable to be deleted.
Facts- In course of assessment proceedings, AO made inquiries with regard to the investments made by the assessee in shares of M/s. Vidya Shankar Investments Pvt. Ltd. and M/s. Index Securities & Research Pvt. Ltd. AO ultimately concluded that the investments in shares of M/s. Vidya Shankar Inv
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.